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CBN Orders Banks To Close All Accounts Transacting In Cryptocurrency

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NAIJA NEWS: CBN Orders Banks To Close All Accounts Transacting In Cryptocurrency [New Naija News] » Naijacrawl
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CBN has went further after banning the use of Cryptocurrency, now they are giving orders to bank to block all accounts that have been transacting with Cryptocurrency.



From the news reaching us now CBN has issued a final warning stating that Banks to close all accounts transacting In cryptocurrency

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Adike Kizito is a top-rated software developer, blogger, sports, and entertainment lover. He is the CEO of these popular websites Naijacrawl.com and Mp3ager.com. He operates his software developing task through Kizzsoft.com,... Read More

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Naija News

CBN grants banks freedom to trade forex at any rate

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NAIJA NEWS: CBN grants banks freedom to trade forex at any rate [New Naija News] » Naijacrawl
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The Central Bank of Nigeria has authorized commercial banks to freely trade foreign exchange at any rate.The authorization means that banks now have the power to sell forex at a market-determined rate.The Daily Post gathered that some banks have pegged the USD to Naira rate at N699 to N750, suggesting that Nigeria is now operating a freely floating exchange rate in line with President Bola Ahmed Tinubu’s pledge to unify the rate.Reacting to the development in an Ari...
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Naija News

Naira Crisis: CBN releases old notes to commercial banks

Victorious

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NAIJA NEWS: Naira Crisis: CBN releases old notes to commercial banks [New Naija News] » Naijacrawl
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The Central Bank of Nigeria (CBN, is set to release all N1,000, N500, and N200 notes in its custody to deposit money banks.A source at the CBN disclosed this to the Naijacrawl on Wednesday.According to him, the apex bank has concluded plans to disburse old notes to Deposit Money Banks across the country starting from Thursday (today).He added that the development would end the two-month-long Naira scarcity in Nigeria.This comes on the heels of the Nigeria Labour Con...
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Naija News

Naira Policy: CBN has Directed Banks to Accept & Collect Old Notes - Soludo

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NAIJA NEWS: Naira Policy: CBN has Directed Banks to Accept & Collect Old Notes - Soludo [New Naija News] » Naijacrawl
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The former CBN governor and incumbent Governor of Anambra state, Prof Charles Soludo has confirmed through a press release that commercial banks have been directed by the Central Bank to dispense old currency notes and to also receive same as deposits from customers.Soludo also insisted that tellers at commercial banks are to generate the codes for deposits and there is no limit to the number of times an individual or company can make deposits.The Governor of the CB...
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